![]() So now we’ve provided you with an overview of what Cryptohopper is, in the next section of our guide we are going to explain how the automated bot process works in more detail. There are three different pricing plans available, and depending on your individual needs, will cost you between $19 and $99 per month. At the other end of the spectrum, if you’ve got virtually no experience in online trading, and you don’t quite feel comfortable enough to pre-program your own automated bot, you can instead purchase a strategy directly from the Cryptohopper marketplace.įinally, it is important to note that Cryptohopper is a paid-for service. ![]() In this sense, you can essentially release your ‘Secret Sauce’ into the markets on a 24 hour rolling basis. For example, if you’re a seasoned investor with a long-standing track record in the online trading space, then you have the option of building an automated bot to mirror your exact requirements. One of the best benefits of using Cryptohopper is the flexibility is offers to traders of all experience levels. This ensures that your automated bot has sufficient levels of liquidity to achieve its pre-programmed objectives – 24 hours per day. This includes the likes of Binance, Coinbase Pro, Bittrex, Bitfinex, and KuCoin. Nevertheless, the Cryptohopper bot is currently compatible with eight leading cryptocurrency exchanges. On the contrary, you could just as easily lose money. For example, if the bot’s primary objective is to purchase Bitcoin when it increases in value by more than 5% in a 24 hour period, then this is exactly what the bot will do.Īs such, there is no guarantee that the bot will be successful in making you consistent profits. By this, we mean that the bot is only as good as the person that programs it. With the Cryptohopper platform first launched in 2017, the company now claims to have facilitated trades for more than 140,000 people.Īs we will discuss in more detail further down, Cryptohopper is more of a semi-automated bot. This means that trades will be placed on your behalf, based on the underlying conditions that the bot has been instructed to implement. In its most basic form, Cryptohopper is an online platform that allows you to make full use of an automated trading bot. ![]() 13 Cryptohopper Review: The Bottom Line?.10 Cryptohopper Compatibility – Exchanges and Coins.2 Automated Trading at Cryptohopper: How Does it Work?.
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